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The articles excerpted on this site report on the state of the industry as seen by mainstream media, and do not necessarily reflect the opinion of the officers of the ILWU Coast Longshore Division.

Zim bondholders go to the brink

The relative quiet in which the negotiations between shipping company Zim, controlled by Israel Corp., and its bondholders have been conducted was disturbed at the end of last week. The body representing the bondholders sent a sharply worded letter to the company, informing it that it rejected the ultimatum that had been presented for deciding [...]

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